Query for central excise dealer

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 February 2014 sir,
i am purchase product from manufacture and selling product to my costumer. manufacturer take excise duty from me now how i can take excise duty from my costumer without providing detail of manufacturer. and sir what other tax i have take from my costumer when i am selling product out side of my state.

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
Follow

28 February 2014 Excise duty paid on purchase will be your cost. When you determine the selling price of your product the excise duty cost will be included in the selling price.

Eg.

Purchase price Rs. 100
Excise duty 12.36
Own Profit 50
Total Selling price 162.36

So the excise duty paid has been recovered from the buyer.

Further you have to pay VAT/CST on the sale.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Ishwar Radhakisan Tawani

Lalan Kumar Jha

Kalyan Guha

Rajat Khandelwal

Sanoj T

Subscribe Now

Query for central excise dealer

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Article Assistant

CA Final

Manager- Finance and Compliance

Accountant

GST CONSULTANT

GST CONSULTANCY